Quick Stats

  • Average GMAT
    680
  • Program Cost
    $76,860
    $ $ $ $ $
  • Program Enrollment
    584
  • Yield
    52%
  • Selectivity
    33%
  • Job Offers
    96%
  • Average Salary
    $102,500
  • Top Industry
    Other
Contact Information
Maria de Molina, 11, 13, 15
Madrid, 28006, Spain
Website
405x225

IE Business School

About IE Business School

Recognized as one of the world’s top business schools, IE Business School, with its central Madrid campus, boasts students from more than 80 countries in its Master, Doctorate, and Executive Education programs and a faculty of more than 400 professors. IE Business School shapes leaders who promote innovation and change in organizations, equipping directors with an entrepreneurial mindset that generates employment, wealth, and social wellbeing. IE students use innovative online and presential learning formats, including the IE Communities platform where they exchange knowledge and experiences with 40,000 IE graduates that currently hold management positions in some 100 countries. In fact, IE is among the most international educational institutions in the world. This is no accident: the School strives to reflect the reality of the world through a diverse student body and faculty. IE Business School was founded by entrepreneurs, and so the entrepreneurial vein runs deep at IE, where business creation is seen as an engine for growth, value generation, employment, and social well-being. This focus on entrepreneurship results in around 10 percent of business school graduates going on to set up new ventures when they leave IE. To facilitate this, the School has a wide range of modules and processes, including the Venture Lab, which supports business plan development and enables participants to pitch their ideas to business angels and venture capitalists. At IE, there is the belief that individuals not only have the power to shape and influence the times we live in, but we are also morally obliged to make a positive contribution to the world around us. This is why we inculcate our students with a strong sense of social responsibility and an understanding of how to apply it to their careers. In addition to an entrepreneurship spirit and international focus, IE Business School has a deep commitment to society. The term Corporate Social Responsibility sometimes divides the business world, with some executives still insisting that a company’s only obligation is to its shareholders. IE is at the other end of the ethical spectrum, seeing social responsibility not as a PR tool but something much more. Business leaders cannot avoid the responsibility of managing the social and environmental impacts of a company’s activities. For this reason, IE students are exposed to key concepts such as social innovation, design thinking, base of pyramid markets, social entrepreneurship, right-hand left-hand thinking, and chaordic approaches.

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About IE University

Admissions: Can I get in?

Post-Grad Work Experience
  • Average 61
  • Median 61
  • Middle 80% 25 to 33
Admissions Selectivity
33% IE Business School 48% Average Across All Schools
680 Average GMAT Score
  • Applied
  • Accepted
Average Score
75% 600
85% 680
More Information
Total Applications
  • Applied
  • Accepted
  • Accepted Apps Enrolled
100% 2,366
33% 33.0
52% 52.0
Female
29% 29
International
89% 89
Re-Applicants
0%
0%
Top Undergrad Majors
  • All Applicants
  • Economics
  • Engineering
  • International Business
  • Accepted
  • Economics
  • Engineering
  • International Business
Top 5 Feeder Colleges for Accepted
  • ICADE (Universidad Pontificia de Comillas)
  • Politecnico de Milano
  • ITESM (Instituto Tecnológico de Monterrey)
  • Indian Institute of Technology
  • American University of Beirut
Importance of Application Elements
  • Interviews Very Important
  • Resume / Work Experience Very Important
  • GMAT Scores Important
  • Application Essay Important
  • Recommendations Important
  • GPA / Undergrad Transcripts Important
$60,000 Applicant Average Base Salary
Top 5 Feeder Companies
  • Bayer
  • KPMG
  • Infosys
  • Proctor & Gamble
  • McKinsey
GMAT Scores
  • All Applicants
  • Accepted
770 to 800
1% 1
2% 2
740 to 769
1% 1
3% 3
710 to 739
5% 5
15% 15
680 to 709
11% 11
29% 29
650 to 679
14% 14
27% 27
620 to 649
17% 17
16% 16
590 to 619
19% 19
7% 7
560 to 589
9% 9
4% 4
530 to 559
7% 7
1% 1
500 to 529
11% 11
0% 0
Under 500
5% 5
0% 0
English Language Requirements
600 Minimum TOEFL Score
English Proficiency Required: Yes
Minimum English Proficiency Score: No
Accepted Tests
  • IELTS
  • TOEFL Internet Based Test
  • TOEFL Paper-based Test

Careers: Will I find a job?

Other 113764%
Top Industry
  • Financial Services 19%
  • Consulting 18%
  • Consumer Products 14%
Mckinsey & Company 14%
Top Employer
  • Johnson & Johnson 9%
  • Grupo Telefonica 9%
  • Accentur 9%
Job offers within 3 months after graduation
90% IE Business School 82% Average Across All Schools
More Information
Job Offers Received and Accepted
  • This School
  • All Schools
By Graduation
30% 30
60% 59.90775862068965
30% Receive Offers
25% 25
56% 55.94857923497267
25% Accept Offers
After graduation, but within 3 months
60% 60
22% 22.276036585365855
60% Receive Offers
65% 65
25% 25.176799999999997
65% Accept Offers
More than 3 Months after graduation
6% 6
5% 5.4188983050847455
6% Receive Offers
6% 6
6% 6.143524590163933
6% Accept Offers
78% Graduates seeking full-time employment
9% Graduates not seeking employment
Top Employers / Number Hired
  • Mckinsey & Company 11
  • Johnson & Johnson 7
  • Grupo Telefonica 7
  • Accentur 7
  • PwC 6
Salaries and Percentages of Job Accepting Graduates
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
22% 22
$107,397.00 Data not provided
Finance/Accounting
17% 17
$112,434.00 Data not provided
Marketing/Sales
31% 31
$85,113.00 Data not provided
Information Technology
3% 3
$109,202.00 Data not provided
Operations/Logistics
9% 9
$96,616.00 Data not provided
Other
3% 3
$107,987.00 Data not provided
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Consulting
18% 18
$101,471.00 Data not provided
Consumer Products
14% 14
$86,058.00 Data not provided
Financial Services
19% 19
$111,312.00 Data not provided
Government
1% 1
$60,253.00 Data not provided
Manufacturing
10% 10
$112,046.00 Data not provided
Media/Entertainment
4% 4
$88,483.00 Data not provided
Non-profit
1% 1
$59,687.00 Data not provided
Petroleum/Energy
2% 2
$112,229.00 Data not provided
Pharma/Biotech/Health Care
3% 3
$99,521.00 Data not provided
Real Estate
3% 3
$108,387.00 Data not provided
Technology
13% 13
$102,857.00 Data not provided
Other
113764% 113,764
$99,405.00 Data not provided
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
More than five years
32% 32
$120,734.00 Data not provided
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Asia
8% 8
$78,841.00 Data not provided
European Free Trade Zone
41% 41
$105,815.00 Data not provided
Middle East & North Africa
11% 11
$103,812.00 Data not provided
North America
12% 12
$113,259.00 Data not provided
South America
29% 29
$93,627.00 Data not provided
Area Grads Accepting Jobs Avg. Salary 10k 50k 100k 150k 190k
Salaries for Most Recent Graduates
Salaries for Most Recent Graduates
Top Companies with Interns / Hired
  • GRUPO SANTANDER 4
  • JOHNSON & Johnson 3
  • BOEHRINGER 2
  • AMAZON 2
  • BT 2
Internship Services
  • Companies that recruit interns on campus 30
  • Companies that posted internships on school message board 59
  • Average intern length in weeks 12
  • Percentage of internships that are paid 90
Annual Job Searching Trips by the School

Tuition: Can I afford it?

Resident
$ $ $ $ $
$108,333
Total Opportunity Cost
  • Program Cost $76,860
  • Budget $40,000
Non-Resident
$ $ $ $ $
$108,333
Total Opportunity Cost
  • Program Cost $76,860
  • Budget $40,000
16 Full Tuition Scholarships
$21,000 Average Scholarship Amount 43% of Students Receive Aid
More Information
Financial Aid
  • Apply for Aid
  • Receive Aid
Students applying for financial aid
64% 64
43% 43
Scholarships
$ $ $ $ $
$8,000,000
Total aid distributed for the upcoming year
Basic scholarships awarded
  • A Combination Of Need And Merit
Loans
  • Loan guarantee policy No
  • Max loan guarantee per year
  • Average post-graduation debt

What Recent Grads Say See All 9 Comments >

IE Business School is unique because it's a global top-ten school but the students, alumni, and faculty are down-to-earth, interesting, and genuinely nice people. The personality of IE is what really drew me to their MBA program over the others I was considering. I also like the entrepreneurial spirit at IE. My experiences there taught me how to solve problems creatively, a skill that is useful both in a big firm setting and in small firm/start-up business environments.

Academics: What will I learn?

Students in Core Classes
56 IE Business School 42 Average Across All Schools
Top 3 Teaching Methods
Case study
40% 40
Lectures
20% 20
Team project
20% 20
Top Areas of Study
  • Corporate Social Responsibility
  • Entrepreneurship
  • General Management
  • International Business
  • Leadership
More Information
Concentrations and Specializations
  • Corporate Social Responsibility
  • Economics
  • Entrepreneurship
  • E-commerce
  • Finance
  • General Management
  • Human Resource Management
  • International Business
  • Leadership
  • Operations Management
  • Organizational Behavior
  • Statistics and Operations Research
  • Strategy
Master Degree Programs
  • Accounting
  • Electronic Commerce/Information Systems
  • Finance
  • Human Resources
  • International Management/Business
  • Management
  • Marketing
  • Other
Joint Degree Programs
  • MBA/JD (Law)
  • MBA/Meng (Engineering - Manufacturing Management)
  • MBA/MSM (Management)
Requirements for Graduation
  • Students are required to be fluent in more than one language by graduation
  • Students must have attended a minimum number of classes
  • Students must have earned a pre-determined GPA/Letter grade average
  • Students must write a complete business plan
Program Logistics
  • Program length (in months) 13
  • Distance learning No
Technology Improvements
  • Software The most important software agreements in terms of volume are that held with Microsoft and Google for IE students, which guarantees 100% coverage of IE Business School IT/IS systems and the updating of the latest commercial version of the different products under contract. This agreement is renewed on an annual basis Google Apps provide technology on Campus for all IE Students and Alumni; Microsoft is the base for all IE staff applications. CRM for Enrollment Management. – Over last year IE

Students: Who are my classmates?

91% International Students
31% Female Students
Ethnicity of Students
Student Citizenship
Europe Free Trade Zone
27% 27
North America
19% 19
Asia
17% 17
More Information
Activities
Active Professional Clubs
  • Business Ethics
  • Business Law
  • Consulting
  • Corporate Social Responsibility/NetImpact
  • Entrepreneurship
  • Environmental
  • E-business
  • Finance
  • High Tech
  • Human Resources
  • Information Technology
  • Investment Banking
  • Manufacturing
  • Marketing
  • Media & Entertainment
  • New Media
  • Nonprofit
  • Other
  • VC/ Private Equity
Active Networking Clubs
  • Gay/Lesbian/Bisexual
  • Hispanic Student Organization
  • International Club
  • Other
  • Partners/Family
  • Volunteer
  • Wine
  • Women in MBA

Alumni: How strong is my network?

38,654 Living MBA Alumni 56 Countries where alumni clubs exist
183 Active alumni clubs
31 Participating in gift donations No Individual alumni gift in excess of $10 Million in the last 12 months

Employer data includes graduates and current students.